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Registros recuperados: 6
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A Multi-Period Analysis of Two Common Livestock Management Strategies Given Fluctuating Precipitation and Variable Prices AgEcon
Ritten, John P.; Frasier, W. Marshall; Bastian, Christopher T.; Paisley, Steven I.; Smith, Michael A.; Mooney, Sian.
Many areas of the US recently endured a severe drought and management strategies to cope with the lack of forage production varied. A multi-period mathematical model is presented that estimates the outcomes of two common producer responses to changes in precipitation, partial liquidation and purchasing hay, given fluctuating cattle prices over a long term planning horizon. Results were further summarized with regression analysis and selected elasticities were calculated to reflect the sensitivity of outcomes to variability in precipitation and livestock prices. Although little impact was seen from utilizing additional hay as a strategy during drought, producers who follow this strategy are in a position to market more animals immediately post drought in...
Tipo: Journal Article Palavras-chave: Drought management; Mathematical programming; Herd liquidation; Price cycle; Cattle management; Agribusiness; Agricultural Finance; Farm Management; Livestock Production/Industries; Production Economics; Productivity Analysis; Research Methods/ Statistical Methods; Q12; C61; D24.
Ano: 2010 URL: http://purl.umn.edu/90673
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Long Term Comparison of Alternative Range Livestock Management Strategies Across Extended Droughts and Cyclical Prices AgEcon
Ritten, John P.; Bastian, Christopher T.; Paisley, Steven I.; Smith, Michael A..
Variable precipitation, more importantly drought, impacts profitability for livestock management. Financial outcomes from management decisions related to forage shortages can be exacerbated by price variability. This research examines alternative management strategies to determine the potential profitability and riskiness over a long-term horizon and across various drought event scenarios. Results indicate that late calving can be a promising strategy, but it also can result in higher variability in profits as compared to some of the other strategies analyzed. Retaining ownership of steer calves over the winter, with the option to sell if forage supplies become scarce, outperforms both partial liquidation and summer feeding, and it results in less profit...
Tipo: Journal Article Palavras-chave: Production Economics; Productivity Analysis.
Ano: 2010 URL: http://purl.umn.edu/96421
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OPTIMAL FEED COST STRATEGIES ASSOCIATED WITH EARLY AND LATE CALVING SEASONS AgEcon
May, Gary J.; Van Tassell, Larry W.; Smith, Michael A.; Waggoner, James W..
Integer programming models were used to examine optimal monthly feeding strategies and costs for March and May calving alternatives. Body condition scores were allowed to fluctuate throughout the year except for calving and breeding periods. The May calving strategy decreased annual feeding costs by $20 per cow.
Tipo: Conference Paper or Presentation Palavras-chave: Livestock Production/Industries; Research Methods/ Statistical Methods.
Ano: 1998 URL: http://purl.umn.edu/20878
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PROFITABILITY OF ESTABLISHING BASIN WILDRYE FOR WINTER GRAZING AgEcon
May, Gary J.; Van Tassell, Larry W.; Smith, Michael A.; Waggoner, James W..
This study examined the economic viability of establishing basin wildrye for winter grazing. Mixed integer-programming models were developed that minimized cow feed costs. Estimated basin wildrye establishment costs were $154 per acre. Break-even basin wildrye yields were approximately 2.6 and 2.3 AUMs/acre for March and May calving scenarios, respectively.
Tipo: Conference Paper or Presentation Palavras-chave: Livestock Production/Industries.
Ano: 1999 URL: http://purl.umn.edu/35727
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Ranchers Diverse in Their Drought Management Strategies AgEcon
Bastian, Christopher T.; Mooney, Sian; Nagler, Amy M.; Hewlett, John P.; Paisley, Steven I.; Smith, Michael A.; Frasier, W. Marshall; Umberger, Wendy J..
Tipo: Journal Article Palavras-chave: Farm Management; Livestock Production/Industries.
Ano: 2006 URL: http://purl.umn.edu/92871
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The Opportunity Costs of Wild Horses: An Allotment Case Study In Wyoming AgEcon
Bastian, Christopher T.; Van Tassell, Larry W.; Cotton, Ann C.; Smith, Michael A..
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 1997 URL: http://purl.umn.edu/35953
Registros recuperados: 6
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